Latest Posts in Wool

Prices continued to rise at today’s wool sales in response to increased demand, New Zealand Wool Services International reports.
Compared to the previous sale last week, the New Zealand dollar has increased in value against a weighted indicator of the main international wool trading currencies by 0.68 per cent. While this would normally have pushed local [...]

WELLINGTON - New Zealand has reached a free trade agreement with the Gulf states, its seventh biggest trading partner, aimed at boosting business worth around $NZ3.8 billion ($A3.03 billion), the trade minister said on Monday.
“While there has been a real focus on the Asia Pacific region of late, this FTA will provide a strong platform [...]

The free trade deal with Malaysia is being seen as very positive, especially for Fonterra.
New Zealand exports roughly a billion dollars worth of goods to Malaysia each year. The Asian country is New Zealand’s eighth largest market.
Business correspondent Roger Kerr says Fonterra’s sales to South East Asia and the Middle East are expected to rise [...]

Trade Minister Tim Groser’s theatrical groan as he lifted the 1100 word document which details New Zealand’s free trade agreement with Malaysia went down a treat with a 60-strong Kiwi business delegation in Kuala Lumpur to witness the official signing of the deal.
Most free trade agreements are extremely complex and permeated with arcane terminology which [...]

A Malaysian free trade agreement may be just an “add-on” to existing trade deals, but exporters see it as positive for the region.
Trade Minster Tim Groser signed the Malaysian FTA on Sunday, strengthening New Zealand’s links from the deal struck under February’s Asean free trade agreement, which comes into force in January.
Wellington Regional Chamber of [...]

The kiwifruit industry expects to be one of the big beneficiaries of the newly signed free-trade agreement beween New Zealand and Malaysia
Carol Ward of the kiwifruit marketer Zespri says exports to Malaysia have grown by more than 120% in three years, notwithstanding a 15% tariff on the fruit.
She says Malaysia is a market where consumers [...]

New Zealand strong-wool growers have a story to tell the world and it’s one yarn the chairwoman of new wool company, Wool Partners International, is absolutely determined it will hear.
Theresa Gattung was in Oamaru last week and spoke to Southern [...]